Planned Giving

Gifts by Will

You can defer a gift until after your lifetime by naming Pioneers in your will. The gift is exempt from federal estate tax and you maintain asset control throughout your lifetime.

What are the benefits?

• Naming Pioneers in your will is as easy as amending or creating your will with the appropriate charitable designation. You may make a charitable designation to Pioneers in the beneficiary designation of such assets as life insurance.
• A bequest allows you flexibility during your lifetime.
• A bequest to Pioneers is tax-exempt, thus reducing the amount of your estate subject to estate taxes.

Life Insurance Gifts

You can purchase, or change, a life insurance policy in which you name Pioneers as the owner of the policy. You can also change an existing policy and make Pioneers the beneficiary.

What are the benefits?

• The premiums on the policy are tax deductible as a gift, when Pioneers owns the policy.
• You can also transfer to Pioneers policies that no longer have premiums without affecting cash flow.

Charitable Remainder Trust

You, or someone you designate, receive income from the transfer of securities, mortgage free property, or cash into a Charitable Remainder Trust. At the end of the specified period, the principal of the trust is transferred to Pioneers. (There is a $100,000 minimum to participate.)

What are the benefits?

• You receive current tax deductions now for what you plan to do with the assets upon death. These deductions can be carried forward for up to six years.
• You could avoid capital gains tax and increase your income.
• You could also avoid estate taxes.

Benefits from IRAs and Pensions

By making Pioneers the beneficiary of your IRA (Individual Retirement Account), 401 (k), or retirement savings plan, you can save income tax and estate tax.

Gift Annuities

Gift annuities allow you to give a gift ($10,000 minimum) and enjoy the tax benefits of a charitable gift, while you continue to receive a fixed income for life. By giving cash or securities, you receive payments over the life of one or two people.

What are the benefits?

• You receive payments from the principal of the gift while receiving a tax deduction.
• You can increase the income you receive from low-income producing assets by transferring them to a gift annuity, which may offer a higher rate of return – depending on age.
• If you fund your gift with appreciated stocks or mutual fund shares, you can avoid part of the capital gains tax related to the asset’s increase in value.
• You receive part of your payments income tax-free as a return of principal.
• You (and a second party, if you so choose) receive a guaranteed income for life. This cash payment is the responsibility of National Christian Foundation (in partnership with Pioneers) and is guaranteed for life, regardless of what happens to the economy or stock market.